Newb from Columbia, SC

[Michael Cosby]

Hello to all,

  I've been lurking on here for a few months now and finally decided to join. I'm a mechanical engineer by trade but ive always been interested in real estate. After years of being fearful i am now fully committed to taking control of my financial future and making my first deal. 

I noticed there are lots of members here in the midlands. Any suggestions for top property management companies? 

Also, i have searched and searched about this but what is the solution to the dreaded "SC property tax problem"? Are there any strategies, loopholes or other tricks of the trade to maintain positive cashflow on a long term rental while paying 3x as much in taxes as owner occupants? 

Anyway, I look forward to meeting some of the members here and soaking up all the knowledge i can.

[Jack Tucker]

@Michael Cosby 

Welcome to BP.  In my unbiased opinion, the engineers make the best investors.  Use your training well.  The planning and analysis can take you far but often you will find yourself going on your gut.  So sharpen those pencils, but get your RE gut developed. 

Best of luck from a neighboring state!  Greetings from Georgia!

Jack Tucker

Biomedical Engineer and Owner of:

Top Performing Properties LLC

Athens GA